Florida Senate - 2014                        COMMITTEE AMENDMENT
       Bill No. SB 1672
       
       
       
       
       
       
                                Ì589074@Î589074                         
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  04/07/2014           .                                
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       following:
       
    1         Senate Substitute for Amendment (261452) (with title
    2  amendment)
    3  
    4         Delete lines 829 - 840
    5  and insert:
    6         Section 6. Present subsections (6) through (8) of section
    7  627.711, Florida Statues, are renumbered as subsections (7)
    8  through (9), respectively, a new subsection (6) is added to that
    9  section, and present subsection (8) of that section is amended,
   10  to read:
   11         627.711 Notice of premium discounts for hurricane loss
   12  mitigation; uniform mitigation verification inspection form.—
   13         (6)(a) An authorized mitigation inspector may not directly
   14  or indirectly offer or deliver any compensation, inducement, or
   15  reward to an insurance agency, insurance agent, customer
   16  representative, or an employee of an insurance agency for the
   17  referral of the owner of the inspected property to the inspector
   18  or the inspection company. Section 455.227(1)(k) applies to
   19  applicable licensees in violation of this paragraph.
   20         (b) An insurance agency, insurance agent, customer
   21  representative, or an employee of an insurance agency may not
   22  directly or indirectly receive or accept any compensation,
   23  inducement, or reward from an authorized mitigation inspector
   24  for the referral of the owner of the inspected property to the
   25  inspector or the inspection company. Sections 626.621(2) and
   26  626.6215(5)(d) apply to a violation of this paragraph.
   27         (9)(8) At its expense, the insurer may require that a
   28  uniform mitigation verification form provided by a policyholder,
   29  a policyholder’s agent, or an authorized mitigation inspector or
   30  inspection company be independently verified by an inspector, an
   31  inspection company, or an independent third-party quality
   32  assurance provider that which possesses a quality assurance
   33  program before accepting the uniform mitigation verification
   34  form as valid. At its option, the insurer may exempt from
   35  independent verification a uniform mitigation verification form
   36  completed by an authorized mitigation inspector or inspection
   37  company that possesses a quality assurance program approved by
   38  the insurer. A uniform mitigation verification form provided by
   39  a policyholder, a policyholder’s agent, or an authorized
   40  mitigation inspector or inspection company to Citizens Property
   41  Insurance Corporation is not subject to independent verification
   42  and the property is not subject to reinspection by the
   43  corporation, absent material changes to the structure during the
   44  term stated on the form, if the form was signed by an authorized
   45  mitigation inspector and submitted to, reviewed by, and verified
   46  by a quality assurance program approved by the corporation
   47  before submission of the form to the corporation.
   48  
   49  ================= T I T L E  A M E N D M E N T ================
   50  And the title is amended as follows:
   51         Delete lines 48 - 50
   52  and insert:
   53         627.711, F.S.; prohibiting a mitigation inspector from
   54         offering or delivering compensation, and an insurance
   55         agency, agent, customer representative, or employee
   56         from accepting compensation for referring an owner to
   57         the inspector or inspection company; authorizing an
   58         insurer to exempt a uniform mitigation verification
   59         form from independent verification under certain
   60         circumstances; providing that the form provided to the
   61         corporation is not subject to verification and the
   62         property is not subject to reinspection under certain
   63         circumstances;